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and applause] >> and in keeping with tradition, the speaker of the house, the honorable john boehner, will extend his holiday greetings to you and officially light this remarkable tree in a few moments. but before we get to that big moment, i'd like to welcome members of congress and distinguished guests, our capitol hill neighbors and those of you who are visiting our nation's capital. thank you for joining us this evening. i would like to acknowledge members of the colorado delegation in attendance this evening including senator mark udall, senator michael bennet, congressman scott tipton as well as former senator ben knight horse campbell. [cheers and applause] >> and senator campbell, of course, drove that tree 5,500 miles to washington dis-- d.c. [cheers and applause] >> now this incredibly beautiful tree has been deck indicated with ornaments crafted by colorado residents which reflect the theme celebrating our great outdoors. and speaking of ownerments, the u.s. capitol historical society produces a beautiful one to place upon this tree. and at this time, i would like to welco
of growth. the position that the republicans has taken and mr. boehner is doing again and was rejected in the campaign is the voucher style approach. instead of reforming the system you impose the cost shift onto individuals. and that's what happened with the ryan plan. i mean basically he didn't change a thing, like prescription drug price negotiation. he said the government will give you $7,600, and then you're on for the rest. so the full burden of the rising health care cost gets shifted onto seniors in that case who don't have the ability to pay to for it. host: "usa today" writes that the republican proposal on entitlements is more serious. yet they write this, federal health care spending alone is projected to top $1 trillion in the current fiscal year. more than 1/4 of all outlays. the proposed $600 billion from the republicans will come to roughly 4% of the $14 trillion to $15 trillion washington is on track to spend on health care in the next decade. to be precise, it is not even a cut but a restraint on the rate of growth. so if their proposal is serious but you're saying yo
reduction and the so-called fiscal cliff. >> the holdup right now is that speaker boehner took a position -- i think the day after the campaign -- that said we're willing to bring in revenue, but we aren't willing to increase rates. and i just explained to you why we don't think that works. we're not trying to -- we're not insisting on rates just out of spite or any kind of partisan bickering. but rather because we need to raise a certain amount of revenue. now we have seen some movement over the last several days among some republicans. i think there's a recognition that maybe they can accept some rate increases as long as it's combined with serious entitlement reform and additional spending cuts. and if we can get the leadership on the republican side to take that framework, to acknowledge that reality. then the numbers actually aren't that far apart. another way of putting this is, we can probably solve this in about a week. it's not that tough. but we need that breakthrough that says we need to do a balanced plan and that's what's best for the american economy and that's what the amer
? outline the president's proposal, speaker boehner rosie proposal -- speaker boehner's proposal. how can we get people employed and move our economy whoforward? >> i apologize. there will be a fair amount of numbers here. the president's tax revenue proposal amounts to about $1.6 trillion over eight 10 year -- a 10-year period. that is from higher tax rates. roughly 600 billion are from some kind of tax reform. they are all reasonably good proposals. speaker boehner's proposal on revenue -- is roughly $800 billion in tax reform. we are about $800 billion apart on taxes. my view is that we should roughly split the difference. i would suggest $1.4 trillion in tax revenue. $700 billion would come through tax reform. we can discuss what that might look like. $700 billion would come from higher tax rates. the president would scale back one chilean dollars. -- one trillion dollars. we can talk about that. on the spending side, -- does 600,000 -- speaker boehner has come forward with some proposals. i'm not quite clear on how much the spending cuts he has proposed. the president's proposal is shor
on the white house to do the same thing. >> speaker boehner, president obama -- [inaudible] the fox news poll after the november election said 60% of voters supported this going up. a new poll in "the washington post" says 53% of americans -- [inaudible] how long can you afford politically to have this hard line on those tax cuts for those making $250,000 or above? >> america faces a very serious problem. and our goal is to make sure it gets solved. we have a debt problem that is out of control. we've got to cut spending and i believe it's appropriate to put revenues on the table. now, the revenues we're putting on the table are going to come from, guess who? the rich. there are ways to limit deductions, close loopholes and have the same people pay more of their money to the federal government without raising tax rates which we believe will harm our economy. >> [inaudible] >> i think our members understand the seriousness of the situation that our country faces. trillion-dollar deficits for as far as the eye can see. $16 trillion worth of debt already on the books. every man, woman and child
harper to act as speaker pro tempore on this day. signed, john a. boehner, speaker of the house of representatives. the speaker pro tempore: pursuant to the order of the house of january 17, 2012, the chair will now recognize members from lists submitted by the majority and minority leaders for morning hour debate . the chair will alternate recognition between the parties with each party limited to one hour and each member other than the majority and minority leaders and the minority whip limited to five minutes each, but in no event shall debate continue beyond 11:50 a.m. the chair recognizes the gentleman from oregon, mr. defazio, for five minutes. mr. defazio: well, yesterday the republicans released a vague press release saying it constituted a counteroffer to the president's road map to avoid driving over the fiscal cliff. now, the republican plan purports to cut $1.3 trillion and raise $800 billion in new revenues. it did contain four specifics. four. cut medicare specific number one. $600 billion. cut medicaid, pays for nursing homes for seniors, of course. priority numbe
appoint the honorable andy harris to act as speaker pro tempore on this day, signed, john a. boehner, speaker of the house of representatives. the speaker pro tempore: the prayer will be offered by our father, chap -- by our chaplain, father conroy. chaplain conroy: let us pray. gracious god, we give you thanks for giving us another day. you have blessed us with all good gifts and with thankful hearts we express our gratitude. you have created us with opportunities to serve other people and their need, to share together in respect and affection, and to be faithful in the responsibilities we have been given. in this moment of prayer, please grant to the members of this people's house the gifts of wisdom and discernment that in their words and actions they will do justice, love with mercy and walk humbly with you. may all that is done this day be for your greater honor and glory, amen. the speaker pro tempore: the chair has examined the journal of the last day's proceedings and announces to the house his approval thereof. pursuant to clause 1 of rule 1, the journal stands approve the c
majority leader, harry reid, and house speaker, john boehner. this after a 90-minute meeting with president obama at the white house this morning where they called for a quick resolution. the governors spoke to reporters at the white house for 15 minutes after that meeting and we'll show you as much as we can until the house gavels in in just a few minutes. >> well, goorn, everybody. i'm jack, the chair of the national governors association, the governor of delaware, joined by governor fallen of oklahoma, she's the vice chair -- governor fallin of oklahoma, she's the vice chair. the governor of arkansas. we are three democrats and three republicans. we just had what i would say was a very good meeting with the president. we came in part to make sure that the voices and the issues that we face as governors in states are heard and considered as part of the discussions going on here in washington. the president was very open to that. said we would continue to have a seat at the table. we talked about some of the issues that we often focus on as gompors. one of those being opportunities for fle
, that is the same of what speaker john vader, offered the president in their negotiations -- speaker john boehner offered the president in their negotiations in 2011. the white house has consistently signaled a loss of of weeks that they will not accept any deal that keeps tax rates for the wealthy. >> russell burma is a staff writer for the hill. thank you. >> thank you. >> and you can go to our website c-span.org to read the letter that the president wrote to house rubble can survey. it was signed by house speaker john vader, majority leader eric cantor, and four others. a group of retired military officers and business leaders recently released a report outlining ways to decrease u.s. dependence on oil. the group today posted eighth discussion on oil independence. among the speakers, the senior -- the ceo of a and fedex, a white house adviser, and senators. >> a good morning, everyone. i especially want to thank members of the security council. they have been a distinguished group of members since 2006. i also want to give a special thanks to -- >> i want to give a special thanks to the staff
, and new tax revenues. there was a three page letter signed by speaker boehner, majority leader eric cantor, and other senior republicans including representative paul ryan. and this mornings "washington journal," we heard about tax reductions and credits that would go away if the fiscal cliff passes in january. >> board or series looking into the so-called fiscal cliff, we turn our attention to deductions and tax loopholes. some of them are potentially on the chopping block. joining us from the wall street journal is don mckinnon. thanks so much for joining us today. what are the loopholes and deductions? we hear those words a lot, but what are they? guest: loopholes or tax breaks of all different sorts, and whether you like a particular loophole or not depends on where you sit, i guess. there are lots of loopholes that are deductions. deductions are those that most people are familiar with. the big, itemized deductions are things like the home mortgage interest deduction. there is a deduction for state and local taxes that is very important, the deduction for charitable contributions is r
: but congress went home yesterday. guest: the people who matter are here. the aides to boehner and obama are here. they're still working. there are times when even this week thail get frustrated -- they'll get frustrated and stop talking to each other, so i'm not sure if they're talking to each other today or not. but obama said he thinks this could be done in a week and enge he's right. host: there's a feeling about that on the hill? guest: yes. republicans see the writing on the wall. about tax increases. so they want to make sure they get spending cuts to go with it. president obama said 1.6 in tax increases and spending cuts won't take place until next year. by considering that obama has been open to spending cuts in previous negotiations, and says he's open to it now. and republicans have changed from where they were a year ago when it comes to tax increases, i think it won't take too much to get there, although -- >> that segment and more at our special webpage c-span.org/fiscal cliff. now to the senate side of capitol hill for gos on the pending tax hikes and budget cuts. >> there
Search Results 0 to 10 of about 11

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